702 Southwest 70th Terrace

Gainesville, FL 32607

$575,000
Price
Beds
3,902 Sq. Ft.
$147 / Sq. Ft.
3,902
Sq. Ft.
$147
per Sq. Ft.

Description

Discover an unparalleled investment opportunity at 702 SW 70th Avenue, Gainesville, FL 32607. Strategically located in a thriving area, this property promises exceptional returns for corporate investors seeking prime real estate assets. This property's strategic location, combined with its versatile layout and potential for value enhancement, makes it an ideal addition to any corporate investment portfolio. Don't miss out on the opportunity to capitalize on this prime asset. Schedule a viewing today...Discover an unparalleled investment opportunity at 702 SW 70th Avenue, Gainesville, FL 32607. Strategically located in a thriving area, this property promises exceptional returns for corporate investors seeking prime real estate assets. This property's strategic location, combined with its versatile layout and potential for value enhancement, makes it an ideal addition to any corporate investment portfolio. Don't miss out on the opportunity to capitalize on this prime asset. Schedule a viewing today and secure your stake in Gainesville's dynamic real estate market.
  1. Listed by Ken Tener • COLDWELL BANKER M.M. PARRISH R

Property Details for 702 Southwest 70th Terrace

Subdivision Name
CEDAR RIDGE
Township
10
View
Garden
Waterfront
No

Location

Listing Courtesy of COLDWELL BANKER M.M. PARRISH R
Add your commute
LISTING UPDATED: 03/15/2024 07:03 AM

Property Details for 702 Southwest 70th Terrace

StatusActive
MLS #GC519990
Days on Market50
Taxes$4,846 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1980
Lot Size0.23 AC / 10,019 SF
CountyAlachua County

Location

Listing Courtesy of COLDWELL BANKER M.M. PARRISH R
Add your commute

Building Information for 702 Southwest 70th Terrace

Stories-Residences4Year Built1980Building Size-Lot Size0.23 AC / 10,019 SF

Payment Calculator

$3,542 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,138

Property Taxes

$404

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 702 Southwest 70th Terrace

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From Downtown Gainesville: Head west on W University Ave Continue straight onto Newberry Rd. Turn left onto 75th Ave / Tower Rd Turn left onto 8th Ave Turn Left onto SW 70th Terrace. 702 SW 70th Terrace will be on your left. From Interstate 75 (I-75): Take exit 387 for Newberry Rd Turn left onto SW 75th St. Turn left onto 8th Ave. Turn left onto SW 70th Terrace. 702 SW 70th Terrace will be on your left. Please note that these directions are based on typical traffic conditions and may vary based on current road conditions or closures. It's always a good idea to double-check with a navigation app or GPS for real-time updates before starting your journey.
  • Elementary School: Hidden Oak Elementary School-AL
  • Middle Or Junior School: Fort Clarke Middle School-AL
  • High School: F. W. Buchholz High School-AL
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 702
  • Street Direction Prefix: SW
  • Street Name: 70TH
  • Street Suffix: TERRACE
  • State: FL
  • City: GAINESVILLE
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Book Number: K-8
  • Tax Legal Description: CEDAR RIDGE PB K-8 LOT 6 BK B OR 4083/2239
  • Tax Lot: 6
  • Tax Year: 2022
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 06655-052-004
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: R-3
  • Living Area: 3902
Property and Assessments
  • Year Built Numeric: 1980
  • Flood Zone Code: C0293E
  • New Construction: No
  • Public Survey Range: 19
  • Public Survey Section: 4
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Brick
  • Exterior Features: Balcony, Lighting
  • Foundation Details: Other
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Metal
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central
  • Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo
  • Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Blinds
Multi Family
Multi-Family Information
  • Annual Net Income: $39,120.00
  • Unit Count: 4
Unit 1
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 2
  • Unit Type Description 1: 2/1.5
  • Unit Type Heated Sq Ft 1: 901
  • Unit Type Pro Forma 1: 1200
  • Unit Type Type 1: 2 Bed/2 Bath
Unit 2
  • Unit Type Baths Total 2: 2
  • Unit Type Beds Total 2: 2
  • Unit Type Description 2: 2/1.5
  • Unit Type Heated Sq Ft 2: 901
  • Unit Type Pro Forma 2: 1200
  • Unit Type Type 2: 2 Bed/2 Bath
Unit 3
  • Unit Type Baths Total 3: 2
  • Unit Type Beds Total 3: 2
  • Unit Type Description 3: 2/1.5
  • Unit Type Heated Sq Ft 3: 901
  • Unit Type Pro Forma 3: 1200
  • Unit Type Type 3: 2 Bed/2 Bath
Unit 4
  • Unit Type Baths Total 4: 2
  • Unit Type Beds Total 4: 2
  • Unit Type Description 4: 2/1.5
  • Unit Type Heated Sq Ft 4: 901
  • Unit Type Pro Forma 4: 1200
  • Unit Type Type 4: 2 Bed/2 Bath
Rental
Rental Information
  • Tenant Pays: Electricity, Gas, Sewer, Water
  • Total Actual Rent: $3,260
  • Pets Allowed: Cats OK, Dogs OK

Property History for 702 Southwest 70th Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 702 Southwest 70th Terrace

This home is within Alachua.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 9
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Myra Terwilliger Elementary School
PublicPK to 5

Fort Clarke Middle School
Public6 to 9

F. W. Buchholz High School
Public9 to 12

Siatech Gainesville
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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702 Southwest 70th Terrace is a multi-family home for sale in Gainesville, FL 32607. This property was listed for sale on March 11, 2024 by COLDWELL BANKER M.M. PARRISH R, it's currently listed at $575,000. It has been on the market for a total of 50 days and was last sold on December 28, 1993. This listing's school district is Alachua. Nearby schools include Myra Terwilliger Elementary School, Fort Clarke Middle School and F. W. Buchholz High School. 702 Southwest 70th Terrace is a 0-bed, 0-bath, 3,902 sqft multi-family home built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER M.M. PARRISH R

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.